Answer:
The main determinant of profit is in any business is the number of production units.
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Explanation:
An individual is registered as an agent with a broker/dealer that has recently begun offering wrap fee programs to its clients. to offer such wrap accounts to the public, the agent must be an investment adviser
This is further explained below.
<h3>What is
an investment adviser?</h3>
Generally, An person or a firm that is compensated for offering advice concerning securities to customers in exchange for such compensation is known as an investment advisor.
Investment advisors and financial advisors are not the same things, despite the fact that the phrases seem quite close to one another, and the two should not be confused.
In conclusion, A broker/dealer recently started providing wrap fee services to customers. Investment advisers may provide wrap accounts to the public.
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Answer:
This method of allocation, called first come, first served, is often used to distribute cheap tickets to rock concerts, sporting events, movies, and many other events. The first come, first served method does a fairly good job of allocating tickets to the people who want to see the show the most.
Answer:
C. Total assets are overstated
Explanation:
Adjusting Entry for depreciation will be as follows
Dr. Depreciation Expense XXX
Cr. Accumulated Depreciation XXX
Accumulated Depreciation account is a contra account of long term asset and deducted from the Long term assets value. By missing the above transaction the accumulated depreciation will be understated and Total assets account will be overstated.
Goods, services and money all flow in one direction since money pays for the goods and services is not true according to the circular flow of income and output.
<h3>What are the four circular flows of income?</h3>
The circular flow model illustrates the continuous transfer of money from producers to households and back again. Money goes in an economy from producers to workers as wages, then back from workers to producers when they spend their money on goods and services.
Households, businesses, the government, and foreign sectors make up the cyclic flow of revenue in a four-sector economy. The interaction between many economic stakeholders is thus provided through the circular flow of income. o International trade plays a significant part in the four-sector model's open economy. o The capital market mobilizes savings and borrowing from companies, governments, and households.
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